Macro Economist Joins CBE Board

Eyob Tesfaye (PhD), a macro economist.

Eyob Tesfaye (PhD), a macro economist working for the UN, has been appointed by the administration of Prime Minister Abiy Ahmed to serve the state owned Commercial Bank of Ethiopia (CBE) as a director of its board.

The CBE has nine directors, including its chairman, Ahmed Abitew, former minister of Industry. Although it is the first for Eyob to serve in the board, he has had background working in the financial sector. He had served as head of the Federal Financial Institutions Supervisory Agency before he left public service. Prior to that he was a macroeconomist at the central bank.